Indices off the day’s high, market breadth favours declines

Equity benchmarks were off the day’s high points and traded in a narrow range, with the market breadth favouring the declines.

The 30-share Sensex was up 58.42 points at 30306.59, while the Nifty was up 28.35 points at 9435.65. The market breadth was negative as 1,195 shares advanced against a decline of 1,515 shares, while 163 shares were unchanged.

Top gainers continued to be dominated by two wheeler makers, Zee Entertainment and Eicher Motors, while GAIL and Bharti Airtel lost the most.